In the coming days.. Parliamentary expectations to resume the export of Kurdistan oil via Ceyhan
In the coming days.. Parliamentary expectations to resume the export of Kurdistan oil via Ceyhan
3-5-2025
Information / Baghdad..
Member of the Iraqi Council of Representatives Yahya Al-Muhammadi expected, on Wednesday, the resumption of oil exports from the Kurdistan Region via Ceyhan, Turkey, after it had been suspended for many months.
Al-Muhammadi said in a statement to / Al-Maalouma / agency, that “amending Article 12 constitutes a roadmap for resuming oil exports,” noting that “oil exports will be via Ceyhan, Turkey, through the SOMO company.”
He added that “Article Twelve of the Budget Law, which was previously amended, includes compensating the Kurdistan Regional Government for the costs of production and transportation for extracting oil, which the central government set at sixteen dollars.”
He pointed out that “the Kurdistan Region is on the threshold of exporting oil and handing over oil revenues to the central government according to the mechanisms specified in the Budget Law and its amendment.”
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